Diploma in Accounting and Finance

The Diploma in Accounting and Finance has been developed by London School of Business and Finance as an initial qualification for students aiming for a career in one of a wide range ofindustries, and/or for students aiming for a Higher Education qualification in a subject allied to Accounting and Finance. One important feature of this programme is that it has been designed for students whose first language is Chinese (Mandarin), or who have proof of proficiency in the language.

Throughout the course, students are fully supported and their development is checked frequently by progress assessments. Student performance and satisfaction is monitored to ensure that the course meets students’ academic and personal development needs; and industry contacts ensure that the programme is relevant and suitable for the demands of a career in the industry.

The credits gained by achieving the Diploma in Accounting and Finance may enable progression to a suitable Advanced Diploma in Accounting and Finance, and the skills learned equip students for entry to a career in industry.

Programme Aims

The main aim of the Diploma in Accounting and Financeis to give students the best possible preparation for a successful career in one of a wide range ofindustries. Graduates of the course will be able to demonstrate a sound knowledge of the basic underlying academic concepts and principles associated with the broader discipline of Management.

The Diploma in Accounting and Finance aims to provide students with:

Knowledge and skills that will enable them to follow a career in all areas of accounting and a wide range of careers in business and finance.

To lay the foundation for future and continuing professional development.

To develop students’ competence and practical skills in accounting.

To provide students with the relevant knowledge and understanding of accounting and finance as it relates to the wider business context

Whilst the Diploma in Accounting and Finance may be a first step towards obtaining higher level qualifications (for example an Advanced Diploma in Accounting and Finance), holders of the Diploma will be equipped to enter employment in a role requiring some personal responsibility but within a mainly supervised context.

Learning Outcomes

Graduates of the Diploma in Accounting and Finance should be able to understand and apply, within the employment context, basic theories and concepts from the following generic management areas:

Economics;

Accounting,

Finance;

Management;

On successful completion of this programme, students should be able to:

Demonstrate knowledge of organisations, the external environment in which they operate and how they are managed

Analyse strategic issues related to the subjects studied.

Evaluate the appropriateness of different approaches to solving problems related to the subjects studied.

Show an understanding of accounting and finance principles and practices in the context of their chosen specialisation.

Communicate the results of their study/work accurately and reliably, and with structured and coherent arguments.

Demonstrate study autonomy as well as planning, judgement and organisational skills.

Work effectively with others as a member of a group.

Undertake further training and develop new skills within a structured and managed environment.

In addition, holders of the Diploma in Accounting and Financeshould have developed the qualities and transferable skills necessary for employment requiring the exercise of some personal responsibility.

Target Audience

Working adults (first language is mandarin) who would like to explore the study of Accounting & Finance world in part-time study basis; The Diploma in Accounting and Financemay lead to an Advanced Diploma in Accounting Finance, or to employment in a role requiring some personal responsibility but within a mainly supervised context.

Course Intake

Full-Time: Every Two Months/ Modular

Part-Time: Every Three Months / Modular

Entry Requirements

Aged 18 years old and above, and

Minimum Academic Entry Requirement:

Two passes in GCE A level Examinations; or

Completion of High School qualification; or

Polytechnic Diploma or other similar qualifications such as completion of Vocational high school qualification; Technical high school qualification; or

Pass in Certificate in Business (Mandarin)

Language Proficiency in Mandarin equivalent to Year 11

Mature Entry Route (MER): Minimum age of 30 with 8 years work experience will be assessed on a case-by-case basis

Programme Structure and Modules

Modules:

Principles of Accounting & Finance

Cost Accounting

International Business Management

Principles of Banking and Finance

Principles of Economics

Principles of Information Systems

Principles of Management

Quantitative Methods

Assessment Method

A: Assessment Outline

Assignment/Class test 50%

Final Exam 50%

Total: 100%

B: Assessments Profile

i. Assignment/Class test: (50%)

The assessment may take the form of an in-class test, individual or group assignment

Students to be communicated on assignment and assessment outlines/ parameters before course and unit commencement.

Students are tasked to submit the assignment/ class test.

ii. Final Examination (50%) 3 hours

Students to be communicated on the final exam and assessment outlines/ parameters before course and unit commencement.

Lecturer will go through with the students and highlight the importance of relevant topics during the final revision class.

Students are required to sit for the final exam.

Student must achieve an overall passing grade of 40%. If students fail to achieve an overall passing grade of 40%, students will be permitted one retake attempt in each failed assessment and failure of this retake will require students to re-module the failed module(s) again in full prior to additional retake attempt.

Course Duration and Contact Hours

Full Time course: 8 months, Students attend lessons 3 hours per day plus directed/independent study for a period of 8 months from Monday to Friday.

Part Time course: 12 months, Students attend 3-hr lessons 2 nights a week and scheduled weekends for a period of 12 months.